In this article, part of our accounting tutorial series, we review the journal entry required when an insurance premium is paid in advance. We have a quick look at what … Read More
In this article we answer a question from a reader who asked “what is the journal entry that records a dividend received or collected as cash into their bank account”. … Read More
This tutorial covers the journal entry for creditable withholding tax, in particular looking at an example from the Philippines.
This article, as part of our accounting tutorial series, looks at what journal entry is made when a trade expenses are paid.
Over the last few weeks we have been focusing on accounting tutorials around balance day adjustments, in particular accrued revenue. As part of that we looked at unbilled rental income. … Read More
The first and the most important accounting lesson relates to the double entry system. It is vital to build the foundations and understand how the double entry systems works, what … Read More